1. (a) Along with the notice of contract and a bond in the penal sum of three times the tax liability incurred or to be incurred by a nonresident contractor with a contract in excess of One Hundred Thousand Dollars ($100,000.00), an estimation for the tax liabilities incurred or to be incurred is to be filed on a form or in a format as required by the Oklahoma Tax Commission, setting out the tax base and the estimated tax liability, to include, but not be limited to the following taxes, as applicable:

   1. (1) Ad valorem taxes
   2. (2) Aircraft excise taxes and registration fees
   3. (3) Employment security tax
   4. (4) Employee withholding tax
   5. (5) Franchise tax
   6. (6) Income tax
   7. (7) Motor fuel tax
   8. (8) Motor vehicle excise taxes and registration fees
   9. (9) Sales and use tax
   10. (10) Payments for worker's compensation coverage
2. (b) In the absence of the filing of the estimation of tax liability required above, it will be presumed that the bond required to be filed will be ten percent (10%) of the amount of the contract less the amount of any bonds posted by any subcontractors who are also nonresident contractors.

Added at 12 Ok Reg 2923, eff 7-14-95

Amended at 22 Ok Reg 1513, eff 6-11-05